Category: Judgement

I Think, Therefore You Act

Topic: Decision Making, Judgement Publication: Academy of Management Journal Article: Cognition, capabilities, and incentives: Assessing firm response to the fiber-optic revolution. Blogger: Katie Bachman Well, it’s sometimes good to confirm what we already know (lucky for this article).  In this case the learning is that he (or she) who is in charge makes the rules.  Looking at CEOs from 71 communications firms, Kaplan makes a link between the interest of

Watch Your Head! Ceteris Paribus is Falling!

Topic: Decision Making, Judgement Publication: Academy of Management Article: Resolving the commitment versus flexibility tradeoff: The role of resource accumulation lags. Blogger: Katie Bachman Ceteris paribus—all else equal—is the economist’s favorite term. It covers all manner of sins because, as we know in psychology, nothing is ever equal or same or whatever. It is the assumption of no variance and it is the mark of an economics article, which is